Currently, we offer on-demand pay (or Employer Salary Advances as the Financial Conduct Authority ‘FCA’ refer to it). This is not deemed to be a regulated product as there is no credit or loan agreement with the employee.
Openwage is an approved distributor of Modulr FS Limited, which is authorised and regulated by the FCA as an Electronic Money Institution (Firm Reference Number: 900573). If you'd like more information, please contact us.